Friday, 29 May 2015
Last updated 2 hours ago
Mar 17 2010 | 11:25am ET
The little black rain cloud of hedge fund indices has come to rain on your St. Patrick’s Day parade.
The Lipper Hedge Fund Composite Index fell 0.29% in February; most hedge fund indices showed hedge funds bouncing back last month after a losing January.
All of Lipper’s subindices save one were in the red in February, with only managed futures funds managing a positive show (0.26%) in the industry’s most pessimistic benchmark.
On the bright side, no strategy index lost even 1% last month. 'Other hedge' strategies did the worst, falling 0.98%, followed by dedicated short-bias, which dropped 0.64% and global stock markets gained. Long-bias funds lost 0.52% and long/short equity funds 0.28%.
Event-driven funds fell 0.11%, and option arbitrage funds just 0.01%.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…